{
  "id": 16948864,
  "title": "AlRayan Bank reports net profit of QR978mn in 9M 2026",
  "url": "https://urgent.news/2026/10/27/alrayan-bank-reports-net-profit-of-qr978mn-in-9m-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T21:00:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/736934/business/alrayan-bank-reports-net-profit-of-qr978mn-in-9m-2026"
  },
  "original_language": "en",
  "account": "AlRayan Bank reported a net profit of QR978 million for the first nine months of 2026, marking a 26% decline compared to the same period last year. The bank's total assets grew by 5% year-on-year to reach QR184.4 billion, primarily driven by an 8% increase in investment securities and financing assets. Customer deposits rose by 8% to total QR122.8 billion, reflecting a higher contribution from both CASA and non-CASA deposits. The bank's net operating income for the nine months was QR2.44 billion, but it declined by 10% year-on-year due to reduced other income. The net profit margin for 9M 2026 fell 5 basis points year-on-year to 1.48%, and the cost-to-income ratio increased by 3.8 percentage points to 30.7%. Return on equity decreased by 1.9 percentage points to 5.4%. The bank's Tier 1 ratio stood at 24.4%, with a Capital Adequacy Ratio (CAR) of 25.6% and a Liquidity Coverage Ratio (LCR) of 157.2%. AlRayan Bank's chairman, Sheikh Mohammed bin Hamad bin Qassim al-Thani, highlighted the bank's resilience and focus on disciplined growth, customer excellence, and innovation. The acting CEO, Omar al-Emadi, emphasized steady progress in financing portfolio, investments, and customer deposits, along with improved asset quality.",
  "summary": "AlRayan Bank reported a net profit of QR978mn in the first nine months of 2026.Total assets for the period reached QR184.4bn, up 5% year-on-year (y-o-y), driven by an 8% increase in investment securit...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Hindu",
        "title": "Dhanlaxmi Bank records ₹48.55 crore net profit in Q2 of FY27",
        "url": "https://urgent.news/2026/10/28/dhanlaxmi-bank-records-48-55-crore-net-profit-in-q2-of-fy27",
        "published": "2026-10-28T16:55:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}